IE00BJXRT706Ticker: ZPRM (Xetra)Issuer: SPDROne email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
State Street® SPDR® Bloomberg 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc) tracks the issuer-declared index: Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged). The declared annual cost (TER) is 0.05%, plus 0.09% in transaction costs estimated by the issuer in the KID. Replication is stratified-sampling physical replication; income is accumulated and reinvested in the fund. The fund has assets of about 756 million euro, was launched on 16 July 2019 and is domiciled in Ireland.
Investment objective The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which generally reflects the return of the Bloomberg US Treasury Bills 1-3 Month Index. The Fund seeks to track the performance of the Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged) (the "Index") as closely as possible. The Fund is an index tracking fund (also known as a passively managed fund). Investment policies The Fund invests primarily in securities included in the Index. These securities include public (government) obligations of the U.S. Treasury with a maturity of between one and up to (but not including) three months. Certain special issues, such as state and local government series bonds (SLGs), Treasury Inflation Protected Securities (TIPS) and Separate Trading of Registered Interest and Principal of Securities (STRIPS) are excluded. As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index the Fund will use a a stratified sampling strategy to build a representative portfolio. Consequently, the Fund will typically hold only a subset of the securities included in the Index. In limited circumstances the Fund may purchase securities that are not included in the Index. The Fund is not a money market fund and is not subject to the special regulatory requirements (including maturity and credit quality constraints) designed to enable money market funds to maintain a stable net asset value. This MXN Hedged Class is made available to reduce exchange rate fluctuations between the currency of this Share Class and the currency in which the underlying assets of the Fund are denominated. The Share Class will be hedged back to MXN and consequently should more closely track the corresponding hedged version of the Index (Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged)). The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently. Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day. Market prices may be greater or less than the daily net asset value of the Fund. The Fund's maximum exposure to securities lending as a percentage of its Net Asset Value will not exceed 70%. The Shares of the MXN Class are issued in Mexican peso. Shareholders may redeem shares on any UK business day (other than days on which relevant financial markets are closed for business and/or the day preceding any such day provided that a list of such closed market days will be published for the Fund on www.ssga.com); and any other day at the Directors' discretion (acting reasonably) provided Shareholders are notified in advance of any such days. Any income earned by the Fund will be retained and reflected in an increase in the value of the shares. Index Source: The Index is the intellectual property of the Index provider. The Fund is not sponsored or endorsed by the Index provider. The Index provider does not provide any warranty or accept any liability in relation to any error relating to the Index, including any error in respect of the quality, accuracy or completeness of Index data, and does not guarantee that the Index will be in line with the described Index methodology. Please see the Prospectus for the full index disclaimer.
Keep reading the KID section ▾
Intended retail investorThis Fund is intended for investors who plan to stay invested for at least 3 years and are prepared to take on a medium-high level of risk of loss to their original capital in order to get a higher potential return. It is designed to form part of a portfolio of investments. Practical information Depositary The Fund depositary is State Street Custodial Services (Ireland) Limited.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 05 Feb 2020 | 06 Feb 2020 | -1.06% | 23 Apr 2020 | 78 |
| 16 Dec 2024 | 18 Dec 2024 | -0.09% | 20 Dec 2024 | 4 |
| 09 Dec 2019 | 10 Dec 2019 | -0.05% | 13 Dec 2019 | 4 |
| 31 Mar 2026 | 01 Apr 2026 | -0.05% | 07 Apr 2026 | 7 |
| 29 Nov 2021 | 30 Nov 2021 | -0.03% | 01 Dec 2021 | 2 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.6 | 0.5 | 0.6 | 0.4 | 0.6 | 0.6 | 0.6 | 0.5 | 0.2 | 4.7 | |||
| 2025 | 1.0 | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 0.6 | 0.7 | 9.1 |
| 2024 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 0.9 | 1.0 | 1.0 | 0.9 | 0.9 | 1.0 | 0.9 | 11.7 |
| 2023 | 0.8 | 0.8 | 1.1 | 0.9 | 1.0 | 1.2 | 1.0 | 1.1 | 1.0 | 1.0 | 0.9 | 1.0 | 12.3 |
| 2022 | 0.5 | 0.5 | 0.6 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 0.8 | 0.7 | 0.8 | 0.9 | 8.3 |
| 2021 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.7 | 4.7 |
| 2020 | 0.6 | 0.3 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 5.2 |
| 2019 | 0.7 | 0.6 | 0.7 | 0.6 | 0.5 | 3.5 |
| Year | Fund | Index | Difference |
|---|---|---|---|
| 2025 | +9.11% | +9.22% | -0.11% |
| 2024 | +11.66% | +11.66% | +0.00% |
| 2023 | +12.28% | +12.51% | -0.23% |
| 2022 | +8.32% | +8.52% | -0.19% |
| 2021 | +4.69% | +5.03% | -0.34% |
| 2020 | +5.16% | +5.80% | -0.64% |
| 2019 | +3.43% | +3.62% | -0.19% |
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 0.24% | 0.34% | 0.37% | 0.59% |
| Max drawdown | -0.05% | -0.09% | -0.09% | -1.06% |
| Sharpe | 19.04 | 17.41 | 17.81 | 10.31 |
| Sortino | 66.25 | 76.18 | 96.11 | 15.08 |
Price sensitivity to rates: the longer, the more the fund moves. What is duration →
Source: factsheet SPDR, data as of 31 July 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.
How the portfolio is spread by credit quality: from AAA (strongest) downwards. More weight in the top buckets = lower risk that an issuer fails to pay, usually with lower yields.
Source: factsheet SPDR, data as of 31 July 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.
Ratings are those the issuer assigns to portfolio holdings under its own methodology (usually the median of S&P, Moody’s and Fitch); scale and buckets are those of the original document.
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE00BJXRT698ZPR1Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Trading since |
|---|---|---|
| Börse Hamburg | ZPRM | 19 Jun 2026 |
| Xetra (Deutsche Börse) | ZPRM | 18 Jul 2019 |